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Re: Fepacheco post# 75540

Saturday, 02/09/2013 8:47:43 PM

Saturday, February 09, 2013 8:47:43 PM

Post# of 238163
You're focusing on the inventory on the cash flow statement, which mostly indicates changes in their assets.

On the Balance Sheet there is a value of 8.7 million, meaning their remaining inventory has that value.

On the Cash Flow Statement there is a value of -6.8 million (which you pointed out) for inventory, indicating that the value of their inventory dropped by that much over the period - they sold or otherwise lost/spoiled/etc. $6.8 million worth of inventory. Simply put, it mostly relates to what they sold.